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The global market for agriculture equipment is estimated to grow in order to reach $201.03 billion by 2019.
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MarketsandMarkets Presents Agriculture Equipment Market to Hit $201.03 Billion by 2019
The report, “Agriculture Equipment Market by Region & Propulsion (Self-propelled & Implements); Self-propelled Equipment Market, by Type; Implements Market, by Function (Harvesting, Planting & Fertilizing, Haying, and Plowing & Cultivating) - Forecast to 2019”, classifies and defines the agriculture equipment market in terms of value. The report highlights the potential growth opportunities for the agriculture equipment market in the coming years, and also covers the review of the drivers, restraints, opportunities, challenges, competitive landscape, and other key aspects related to the agriculture equipment market. • Browse • 81 market data tables • 31 figures • 220 pages and in-depth TOC on “Agriculture Equipment Market” • You can speak to our research expert to know more about this report@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=164005174
Asia-Oceania: Largest and Fastest-growing Market The Asia-Oceania region includes countries such as China, Japan, South Korea, and India. This region is estimated to be the largest market for agriculture equipment. It is projected that 50.8% of the agricultural equipment market will be accounted for by the Asia-Oceania region by 2019. It is also projected that the key contributors to this are to be India and China. The rising mechanization of farming equipment and increasing population are the factors propelling the growth for agriculture equipment in this region. OEMs such as Iseki & Co., Ltd. (Japan), J.C. Bamford Excavators Limited (U.K.), Kubota Corporation (Japan), and Mahindra & Mahindra Limited (India) are some of the key players involved in the market. The report analyzes the agriculture equipment market in terms of value. The market size, from 2012 to 2019, is provided in terms of USD billion ($billion). The agriculture equipment market is broadly classified by region (Asia-Oceania, Europe, North America, and RoW), focusing on the key countries in each region; and by propulsion type (self-propelled & implements), where self-propelled equipment are segmented by type (tractor, combines), and implements by (Harvesting equipment, Planting & fertilizing equipment, Haying equipment, Plowing & cultivating equipment).
Agriculture equipment market size, by region, 2014 vs. 2019 ($Billion) Source: Industry Journals, Primary Interviews, Industry Associations, Publications, and MarketsandMarkets Analysis.
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